700 m² Commercial space in Woodstock

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Mixed Use Property For Sale This prime mixed-use asset in Woodstock offers a unique blend of secure income and development potential.The ground floor is occupied by a national tenant on a triple net lease, covering rates, utilities, and insurance, ensuring a solid net yield. The tenant''s site-specific licensing requirements add to the security of the tenure.The vacant first floor is freshly renovated and perfectly configured for high-demand student accommodation or residential conversion with complete with existing rooms, kitchen, and amenities providing immediate occupancy.There''s opportunity to add two extra floors, maximizing your return.Located on Victoria Road, it''s close to Woodstock Station, public transport, and major highways N1, N2, and M3, making it a rare find in a rapidly regenerating area near.Note that the 1st floor vacancy is to let at R25 000,00 per month ex vat.

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